This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Tuesday's Small-Cap Winners & Losers

Copernic (CNIC) was among the biggest small-cap winners in a generally bullish session Tuesday.

Shares jumped 11.5% to $3.39 after the Canada-based search-engine operator inked an agreement with WinCorp Software for placement in its "virtual software stores." Copernic, formerly known as, says this will work to expand its retail presence, driving growth in sales volume and revenue. Terms weren't disclosed.

Evolving Systems (EVOL - Get Report) announced that Malaysia's "leading telecommunications carrier" has chosen its Tertio Service Activation product to support its fixed, mobile and broadband services. Shares of Evolving, an Englewood, Colo., provider of telecom services, climbed 8.6% to $1.89.

Luminent Mortgage Capital (LUM), rode high after the troubled mortgage investor said it no longer has any outstanding balances under its warehouse lines of credit, nor any outstanding commercial paper liabilities.

Luminent also said it has a revolving line of credit with Arco Capital for up to $60 million, and expects to close its San Francisco office by year-end. Shares bounced 27 cents, or 16%, to $1.97 in heavier-than-usual trading.

On the downside, meanwhile, were a number of tech stocks issuing soft guidance.

EFJ (EFJI) shares plummeted 33% to $3.88 after the Texas communications equipment maker chopped $25 million off its 2007 revenue outlook. The company now sees revenue between $160 million and $170 million. Analysts polled by Thomson Financial had forecast a top line of $187.6 million.

Semiconductor firm TranSwitch (TXCC) slashed its third-quarter sales estimate to $7 million to $7.4 million from a prior forecast of $9.3 million to $10.5 million. Analysts expected the Shelton, Conn., company to record $10 million in revenue. Shares lost 17% to $1.14.

And Vignette (VIGN) projected third-quarter revenue short of expectations. The Austin, Texas, maker of content-management software also estimates revenue between $42 million and $44 million, compared with Wall Street's forecast projection $48 million.

The company forecast income of 16 cents to 21 cents a share, before items, compared with analysts' target of 19 cents. Shares slid 13% to $17.77.

More broadly, the Russell 2000 and the S&P SmallCap 600 tacked on 0.9% and 0.8%, respectively.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
TXCC $0.00 0.00%
EVOL $5.73 -0.69%
AAPL $93.27 -1.60%
FB $116.84 0.09%
GOOG $690.75 -0.04%


Chart of I:DJI
DOW 17,713.31 -117.45 -0.66%
S&P 500 2,054.43 -21.38 -1.03%
NASDAQ 4,750.5750 -54.7160 -1.14%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs